Demand for softwood lumber remains high in North America
The dual Canada/U.S. long weekend in mid-February did nothing to slow demand for lumber, with prices rising [...]
February 24, 2021
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Czech Republic: Bark beetle damage reaches record 40 million m3
The damage caused by the low purchase price of bark beetle wood in the Czech Republic and the premature harvesting [...]
February 23, 2021
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China to reduce tariffs on certain wood products
China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into the country [...]
February 23, 2021
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US lumber prices expected to rise another 35% after record highs
Lumber prices topped $1,000 last week, a record high and a promising sign of a rebound in demand for [...]
February 23, 2021
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Ocean freight rates at record levels
Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges for premium [...]
February 23, 2021
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Siempelkamp to deliver new particleboard plant to Russia
The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant. [...]
February 23, 2021
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UFPI’s subsidiary acquires Spartanburg Forest Products
UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase [...]
February 23, 2021
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Malaysia plywood industry facing a timber shortage
Malaysia’s plywood export prices to key Japan market have firmed up due to tight supply of logs for manufacturing [...]
February 23, 2021
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European renovation wave creates opportunities for the wood industry
In her latest speech on the state of the Union, European Commission President Ursula von der Leyen highlighted [...]
February 22, 2021
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US Department of Commerce set to reinstate higher Canadian softwood lumber duties
The Commerce Department intends to reinstate higher anti-subsidy duties on certain imports of Canadian softwood lumber, after concluding it [...]
February 22, 2021
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